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Massachusetts · Private foundation

D Squared Foundation Inc

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$870k
Granted FY2024(still arriving)
26
Grants FY2024
16
Organizations funded FY2023
44%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$6,644
Largest grant, FY2024
$250,000
Organizations funded a year
1 to 16
FY2019 to FY2023
States reached, FY2024
9
Total assets, FY2024
$2.9M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 44% of the organizations D Squared Foundation Inc funded were first-time grantees, receiving 25% of its grant dollars.

New vs renewed · share of each year

In FY2023, 75% of grant dollars renewed an existing relationship; $251k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23
Arts & CultureEducationHuman ServicesEnvironmentCivil RightsHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving20$870k50%
FY202316$1.0M44%
FY20229$597k44%
FY202110$182k70%
FY202012$847k92%
FY20191$40kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Health$1.1MEducation$734kRecreation & Sports$500kArts & Culture$422kEnvironment$413kInternational$350kHousing & Shelter$212kHuman Services$63kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NY
MA
NV
OH
NJ
CT
RI
CA
DE
NC
DC
AL
FL

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Mass General Brigham Incorporated$1,010,0004n/a
Bps Foundation$500,00011%
Aquidneck Island Land Trust$352,50035%
Trustees of Boston College$300,00020%
Rosie's Place Inc$201,00060%
Preserve Rhode Island$100,00012%
Tabernacle Learning Center Inc$81,087317%
Friends of the Bargello Inc$72,154237%
Iyrs School of Technology & Trades Inc$52,96531%
Green Oceans$50,00015%
Show all 34 grantees

What it could do for these grantees

Plus 6 recipients with no EIN on record ($440k), not named here.

Where it is load-bearing

D Squared Foundation Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 31 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBps Foundation: $500,000 over 1y, 1.2% of budgetAquidneck Island Land Trust: $352,500 over 3y, 5.5% of budgetTrustees of Boston College: $300,000 over 2y, 0.0% of budgetRosie's Place Inc: $201,000 over 6y, 0.3% of budgetPreserve Rhode Island: $100,000 over 1y, 2.2% of budgetTabernacle Learning Center Inc: $81,087 over 3y, 17% of budgetFriends of the Bargello Inc: $72,154 over 2y, 37% of budgetIyrs School of Technology & Trades Inc: $52,965 over 3y, 0.8% of budgetGreen Oceans: $50,000 over 1y, 4.9% of budgetCommunity Roots Charter School: $50,000 over 1y, 0.4% of budgetChild and Family Services of Newport County: $47,024 over 2y, 0.3% of budgetNewtowne School Incorporated: $30,000 over 1y, 2.3% of budgetEqual Justice Initiative: $30,000 over 2y, 0.0% of budgetFriends of Florence: $25,000 over 1y, 1.4% of budgetUniversity of Miami: $25,000 over 1y, 0.0% of budgetIOLA Foundation: $20,000 over 1y, 0.5% of budgetTidewell Hospice Inc: $20,000 over 1y, 0.0% of budgetSoutheastern Guide Dogs Inc: $20,000 over 3y, 0.0% of budgetTidewell Foundation Inc: $15,000 over 2y, 0.1% of budgetTrevor Project Inc: $15,000 over 2y, 0.0% of budgetThe Arc of Monmouth Inc: $12,500 over 2y, 0.0% of budgetRhode Island Coalition for the Homeless Inc: $10,250 over 2y, 0.1% of budgetSecond Chances Inc: $10,000 over 1y, 5.0% of budgetCooperstown Fire Dept Inc: $10,000 over 1y, 14% of budgetNortheast Ohio Adoption Services: $5,000 over 1y, 0.2% of budgetThe United Way of Greater Waterbury Inc: $5,000 over 1y, 0.1% of budgetClean Ocean Access Inc: $5,000 over 1y, 1.4% of budgetNatural Resources Defense Council Inc: $5,000 over 1y, 0.0% of budgetThe Andrew McDonough B Foundation: $5,000 over 1y, 0.1% of budgetThe V Foundation: $5,000 over 1y, 0.0% of budgetBunker Hill Community College Foundation Inc: $1,542 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 31.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Rhode Island Community FoundationRI20.8× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Rhode Island Community Foundation · The Beacon Foundation · The de Ramel Foundation · Van Beuren Charitable Foundation Inc · Gruben Charitable Foundation · The Champlin Foundation · United Way of Rhode Island Inc · The Bessemer Giving Fund · Boston Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · The Bank of America Charitable Foundation Inc · Gs Donor Advised Philanthropy Fund for Wealth Management Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare D Squared Foundation Inc with peer funders

About D Squared Foundation Inc

How much does D Squared Foundation Inc give?
D Squared Foundation Inc reported 26 grants totaling $869,631 in its FY2024 IRS filing. It funded between 1 and 16 organizations a year over FY2019 to FY2023.
What does D Squared Foundation Inc fund?
By grant dollars over FY2019 to FY2024, its largest causes are Health (28%), Education (19%), Recreation & Sports (13%).
Who are D Squared Foundation Inc's largest grantees?
By total granted over FY2019 to FY2024: Mass General Brigham Incorporated ($1.0M), Bps Foundation ($500k), Aquidneck Island Land Trust ($353k).
Does D Squared Foundation Inc fund new organizations?
In FY2023, 44% of the organizations it funded were first-time grantees.
Does D Squared Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as D Squared Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include The Rhode Island Community Foundation, The Beacon Foundation, The de Ramel Foundation.
Where is D Squared Foundation Inc based?
D Squared Foundation Inc is based in MA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 41 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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